The bankrupt maker of Twinkies, Drake’s Cakes and Wonder Bread will impose a new contract on the union soon, according to sources, despite growing signs that workers are prepared to launch a crippling strike.

Hostess — on its second trip through bankruptcy court after filing for Chapter 11 in January — won the legal right last week to force the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union to accept a proposed contract after its members overwhelmingly voted to reject it.

The collective-bargaining agreement, which would reduce salaries by 8 percent in the first year, was narrowly approved by the Teamsters, Hostess’ biggest union.

On Friday, Hostess sent a letter to workers warning them that the company would end up liquidating if the bakers walk off the job.

“Except for a small team to close and prepare the facilities for sale, all employees will be terminated,” the letter read. “Terminated employees will no longer receive paychecks or health and welfare benefits after their date of termination.”

As a bakery worker told The Post yesterday, “Some want to strike due to class envy and pay. I want to work. There are others that want to work as well.”

Hostess is trying to convince the bakers’ union’ president, Frank Hurt, to come to the bargaining table, but so far he has shown little interest, sources said.

The bakers’ union leadership, sources said, may have less incentive than the Teamsters to keep Hostess in business. The union has most of its 100,000 workers in a single pension, which is healthy and can withstand the hit of 6,000 members no longer making contributions, a source said.

The Teamsters, meanwhile, are in pensions that are largely underfunded and, therefore, would be hurt more by a Hostess liquidation.

The bakers’ union leadership has also expressed concern that if Hostess workers took a pay cut, other bakery outfits such as Grupo Bimbo, Keebler and General Mills might ask their workers to accept similar cuts, said a source.